"Little Red Wagon" is a children's story that follows a young boy's adventures with his beloved red wagon. The wagon symbolizes childhood innocence and imagination, as the boy uses it to explore his surroundings and transport various items. The story often highlights themes of friendship and creativity, showcasing how the boy interacts with his friends and the world around him. The wagon serves as a tool for play and discovery, encouraging children to engage in outdoor activities and use their imagination in everyday life.